STEMGeeks burn report - 132% ($2,057) burned this week - September 6th

in LeoFinancelast month

STEMGeeks has burned all the author rewards on @steemgeeks and curation rewards on @stemcuration.

There are 11,1190 STEM tokens created for the reward pool weekly.

  • @stemgeeks author rewards - 72.871025 STEM
  • @stemcuration curation rewards - 1,256.528950 STEM
  • 50% Author Rewards Burned - 2,591.663626 STEM
  • APE Mining Club - 10,883.669411 STEM
  • STEM burned for promotion - 5 Stem

Total Burned: 14,809.733012 STEM ($2,057 or ~132% of weekly reward pool)

STEMGeeks is 2 years old! This means the weekly inflation has been reduced to 11,190 tokens.

We have recently burned 1 million STEM tokens of the @nostem4u anti-abuse while retiring it's service.

Get more author rewards

Post from https://stemgeeks.net and get full STEM author payouts for your posts. Posts made on any other front end will only receive 50% author rewards.


Linear rewards are now enabled!


20% of the reward pool goes to STEM Miners?

99% of the miners have been burned. Do you have any?
If you like passive income, STEM Miners have you covered.
You can grab some on Hive Engine.

There are a limited number of STEM Miners available.


Promote your posts by burning STEM to @null

Send STEM tokens to null with a STEM post in the memo. This will push your post above all others as a promoted post. It takes very little STEM to do this and be placed at the top as there is little competition for this feature right now.

By using STEM for promotion you reduce the STEM token supply increasing the potential value of the token.

Posted Using LeoFinance Beta

Posted Using LeoFinance Beta

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STEM is still deflating!

Nice one with the burn. Great seeing the price responding well and the community thriving. Awesome work from the team. Better days to come.

The Ape mining club is going to be a big boon for the stem prices it seems. Since the launch of this new game, the prices of stem have found a lot of support in hive-engine market. Similarly the burning has also helped the stem prices to be stable

cuddle_teddy3.png

With the launch of Ape mining STEM, the price has nice growth and with burn, its token economy is getting better and better. Nice work done STEMGeeks team